Workforce from India more relevant than China: Manpower
Arkless, however, rued over the fact that many of the long-running problems remain in India, such as infrastructure building not happening at a fast enough pace.
As a result, people are leaving for big cities from rural areas, which is the case for China as well, he added.
"For a general economic and employment point of view, I am worried about that. I wish that we had in India more programmes to help move the economy to a lot of people and give people in rural areas more skills, take more investments to the countryside," Arkless said.
"However, overall I am very optimistic about Indian labour market. India is still producing big numbers of graduates," he said, but added that a majority of them are not appropriately skilled for the growth sectors of the Indian economy.
"There are lots of people who graduate in India and then take up jobs that have nothing to do with their academic subjects. There are doctors getting into IT and engineers going into services.
"The politicians and business leaders of the country should understand that India could benefit a lot from a much better forensic forecast of skill requirements in different sectors and different geographies.
"There is a need to synchronise the supply and demand of the labour market. I
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